Co-Chairman Diosdado P. Banatao has retired from Marvell's Board of Directors

December 15, 2003

1 Min Read

SUNNYVALE, Calif. -- Marvell(R) Technology Group Ltd. (NASDAQ: MRVL), today announced today that Diosdado P. Banatao has retired from Marvell's Board of Directors. Mr. Banatao was appointed Marvell's Co-Chairman in 1995 after he completed an early-stage venture investment in Marvell, and departs from Marvell's Board to spend additional time on his venture capital investments. Mr. Banatao is the founder and managing partner of Tallwood Venture Capital, a private venture capital fund with investments in semiconductors and semiconductor related technologies.

Dr. Sehat Sutardja, Marvell's Co-Chairman, President and CEO, thanked Dado for supporting Marvell, and said, "Our entire Marvell family wishes Dado continued success with his venture investments." Mr. Banatao added that, "The past eight years have been a wonderful time to be part of the Marvell team, and I look forward to the Company's continued success."

Marvell Technology Group Ltd.

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